Inheritance Tax (IHT) can be a bit of a puzzling subject at the best of times. So how exactly does it work? And how can you minimise any future tax liability for your beneficiaries?
Talk to us at Mayfayre, and we can help you to devise an effective plan and specific strategies to help you avoid or minimise this unnecessary tax on your wealth.
What you may not know is that major increases in property values in recent years have outstripped the relatively small increases in IHT thresholds, which means that more and more people now find themselves liable for Inheritance Tax than ever before.
The mistake most people make is to wait too long before taking concrete steps to avoid the worst effects of the tax. And the older you are before you take action, the less likely you are to be able to reduce the burden anyway, and the more it will cost you to put any effective measures in place.
Try not to wait until your late seventies or eighties before you act. It’s much more prudent, if you can, to contact us while in your fifties and early sixties, when solutions will be much less expensive and investment and legal options more plentiful.
So why not contact us now on 0800 840 7143, so that we can start to discuss with you how to put some cost-effective measures in place straight away?
Estate planning is all about maximising available tax benefits while you’re alive and minimising any claims the taxman may make on your estate after your death. We can help you use a variety of legal and investment tools to minimise ant future tax liability. We can help you create effective trusts, wills and insurance plans and wills to keep more of your estate intact.
Please call us on 0800 840 7143 to find out more about any of these services.
The Financial Conduct Authority does not regulate some Inheritance Tax Planning or Will Writing